Exchange Traded Concepts LLC Raises Stock Position in iShares MBS ETF (NASDAQ:MBB)

Exchange Traded Concepts LLC lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 455.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,080 shares of the company’s stock after buying an additional 24,660 shares during the period. Exchange Traded Concepts LLC’s holdings in iShares MBS ETF were worth $2,758,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in MBB. Marshall Wace LLP raised its position in iShares MBS ETF by 241.4% during the second quarter. Marshall Wace LLP now owns 143,400 shares of the company’s stock valued at $13,166,000 after purchasing an additional 101,400 shares during the period. SkyView Investment Advisors LLC increased its position in shares of iShares MBS ETF by 0.5% during the 2nd quarter. SkyView Investment Advisors LLC now owns 436,410 shares of the company’s stock valued at $40,929,000 after purchasing an additional 2,279 shares during the last quarter. Ascent Group LLC raised its holdings in iShares MBS ETF by 27.5% during the 2nd quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock valued at $7,028,000 after buying an additional 16,488 shares during the period. Forefront Analytics LLC lifted its position in iShares MBS ETF by 5.0% in the second quarter. Forefront Analytics LLC now owns 61,210 shares of the company’s stock worth $5,620,000 after buying an additional 2,896 shares during the last quarter. Finally, Magnolia Capital Advisors LLC purchased a new position in iShares MBS ETF during the second quarter worth $634,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.1 %

MBB stock opened at $91.65 on Friday. The firm’s fifty day simple moving average is $92.16 and its two-hundred day simple moving average is $93.57. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.2944 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares MBS ETF Company Profile

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA).